Wapakoneta, OH—45895
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wapakoneta, OH
As of Oct '25, the median home price in Wapakoneta, OH is $228,000, with a year-over-year change of 4.5%. This indicates that home prices in Wapakoneta, OH are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $228,000 | 4.5% |
| Single Family | $228,000 | 4.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $170,000 | 4.3% |
3 Bed | $246,000 | 6.0% |
4 Bed | $304,000 | 5.6% |
| 5 Bed | $345,000 | 4.5% |
% of Housing Stock
Rental Trends — Wapakoneta, OH
As of July '25, Rentcast reports the average rent in Wapakoneta, OH is $986, with a year-over-year rent change of -5.2%. Per bedroom, the median rent as of July '25 in Wapakoneta, OH is 1-bedrooms: $734, 2-bedrooms: $875, 3-bedrooms: $1,600. The most common rental property sizes in Wapakoneta, OH are 2-bedroom and 1-bedroom, accounting for 43.1% and 22.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $760 | $986 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $709 | $734 |
| 2 Bed Rent | $875 | $875 |
| 3 Bed Rent | $1,600 | $1,600 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Wapakoneta, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Wapakoneta, OH is 34. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $291,000 | 3.0% |
Listing Count | 27 | -8.0% |
| Listings as % of Homes | 0.3% | -8.0% |
Days on Market | 34 | -6.0% |
Demographics — Wapakoneta, OH
As of the latest ACS Survey released in 2023, Wapakoneta, OH has a population of 18,000, which has remained stable by 0.3% over the past 5 years. Wapakoneta, OH is a moderately popular place for families, as children make up 22.9% of the population. The area has a poorly educated workforce, with 19.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,000 | 0.3% |
% Under 18 | 22.9% | -4.2% |
% Seniors | 20.2% | 15.4% |
% WFH | 6.3% | 61.5% |
% w/ College Degree | 19.9% | 31.8% |
As of the latest ACS Survey released in 2023, Wapakoneta, OH is a predominantly white area, with 94.2% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Wapakoneta, OH is hispanic, making up 3.2% of the population. Foreign-born residents account for 0.3% of the population in Wapakoneta, OH, and this percentage has decreased by 72.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.2% | -1.5% |
% Black | 0.5% | 0.0% |
% Hispanic | 3.2% | 14.3% |
% Asian | 0.1% | -66.7% |
% Foreign Born | 0.3% | -72.7% |
Mortgage and Risk — Wapakoneta, OH
According to HUD data as of 2023, there were 245 mortgage originations in Wapakoneta, OH, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Wapakoneta, OH. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 245 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Wapakoneta, OH
Wapakoneta, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 131 |
Total Units Section 8 | 131 |
% Rentals under Section 8 | 6.7% |
% Occupied Section 8 | 90.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1 | $709 | $710 |
| 2 Bedroom | $25 | $875 | $900 |
| 3 Bedroom | -$340 | $1,600 | $1,260 |
| 4 Bedroom | N/A | N/A | $1,510 |
Affordability — Wapakoneta, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $228,000 |
| Median Household Income | $73,000 |